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Bond Vields (LO2] Ngata Corp. issued 12-year bonds 2 years ago at acoupon rate F
Bond Vields (LO2] Ngata Corp. issued 12-year bonds 2 years ago at acoupon rate Fo 8.4 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?
Coupon Rates [L.02) Ashes Divide Corporation has bonds on the market with 14.5 years ot maturity, a YTM of 6.8 percent, and a current price of $924. The
bonds make semiannual payments. What must the coupon rate be on these bonds?
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